On Monday, the U.S. dollar was recovering some ground, helped by strong domestic data in the previous session, after six straight weeks of losses. (cnbc.com)
With little domestic data on hand Monday direction will stem from offshore stimuli headlined by a Chinese HSBC manufacturing report with support derived from the Peoples Bank of China's decision (Saturday) to cuts its benchmark rate in a bid to fuel growth. (betiforex.com)
Federal Reserve communication preceded the March FOMC blackout period were mostly dovish despite strong domestic data. (kekselias.com)